Recently reported big institutional buys...

What do you make of these recently reported huge institutional buys?

Why has the share price been falling so much if there was so many big institutional buys? When were these buys actually made? Have they been selling these buys already? Why would they be making such huge buys if they thought BK was on the table? Who were they buying from? Retail? All of these huge buys have been reported just in the last month. Any insight on how there could be so many recently reported huge institutional buys and the stock be at 20 cents?

Demian...
thanks for your the homework you did. Really is astounding as the pps spirals fast downhill... .06 in just 2 days. at this rate we will be at .00 in just 10 trading days. How pathetic is that?

I wiadd a little to your thread. I copied all of the MFFAIS data for Sirius the other day (11/14) in order to dump it into a spreadsheet to see net add/deletes since the merger. Since there are no dplicates in the MFFAIS data, I thought I would show what these new companies had previously reported and the date of said report.

Damien, on the ones that you are reporting as "added more", are you reporting the number added or the total shares owned?

It is amazing how Wienkes is trashing the stock, and the Citi Analyst (is that Amobi?) is trashing the stock, yet both comapnies are buying into the company big time... Conflict of interests?

Just the shares added - not the total shares held......

(I have now added the total shares held for the institutions that added to their positions to the list above...)

You can verify all of this info with the link I provided at the top of the post - sort by date. I left out a lot of the smaller buys - under a million shares. You can also see the sells - not too many compared to the buys. Remember that the dates are just the date the position was reported - not the actual trade date. Since the reporting is delayed, things could have changed, but it is positive to see such huge buys and institutions adding to their positions...

Makes me wonder about the institutional percentages we have been seeing on the sites. By the accounting at MFFAIS (and my spreadsheet), institutions are holding 1.2B shares (37.5%), but have added 658M shares. The numbers there don't add up. Cold be the result of share transfers from XM.

The key facts are the addition by institutions which have been bashing Sirius while acquiring shares. Goldman is an easy example of this. As Weinkes has been downgrading, they purchased more shares and some bonds. They also shorted the hell out of the stock in Q3. Big surprise, given their "opinion" on the stock/